“We continue to see good success with Apple Pay,” Visa CEO Charlie Scharf has told investors during the company’s first quarter earnings call... More
Apple Pay
Cachet adds prepaid cards to Apple Pay
Prepaid card issuers using Cachet Financial Solutions’ Select Mobile Money white label platform can now offer their customers a way to charge Apple Pay transactions to their prepaid account balance, the company has announced... More
Apple CEO says 2015 will be the “year of Apple Pay”
Apple Pay now accounts for more than two-thirds of Visa, MasterCard and American Express contactless payments by value across the US, Apple CEO Tim Cook has revealed during a first quarter earnings call... More
USAT adds support for Apple Pay
Cashless vending machine technology provider USA Technologies has announced a rollout of new acceptance points for Apple Pay across the US More
FNB to offer Apple Pay
First National Bank (FNB) in the US will begin making Apple Pay available to its customers in the first quarter of 2015... More
SimplyTapp explains the role of token requestors in mobile payments
PARTNER NEWS: Token requestors play a key role in the delivery of mobile payment services like Apple Pay, Doug Yeager, CEO of SimplyTapp, explains in a blog post — and taking the time to get a detailed understanding of what that role involves could pay dividends in the future... More
Google in talks to buy Softcard to combat Apple Pay?
Google is responding to the successful launch of Apple Pay by going on the mobile payments acquisition trail, according to industry rumours — and US carrier-owned NFC venture Softcard, which laid off 60 staff last week, could be a key target... More
Apple proposes fingerprints in the cloud
The US Patent & Trademark Office has published three patent applications from Apple that relate to both Apple Pay and Touch ID biometric verification... More
Bank of America reports on Apple Pay
Nearly 800,000 Bank of America customers have now enrolled to use Apple Pay and have added about 1.1m cards, the bank has revealed... More
Pey equips merchants with Bitcoin POS terminals that support iBeacon, QR and NFC
Fifty merchants in the German city of Hannover have signed up to accept Bitcoin payments using a terminal supplied by startup Pey, that uses a combination of iBeacon, QR code and NFC technology. More
US consumers call for more retailers to accept mobile payments
More than half (53%) of US consumers think it is important for more retailers to install devices that enable them to pay with their smartphones, a Verifone survey conducted by Wakefield Research has revealed, with 84% prepared to use their smartphones to pay for small and medium purchases such as a cup of coffee or a pair of jeans... More
Apple Pay set to go live in Canada?
Apple Pay could be available in Canada within the next two months and the company is already in talks with partners to launch the mobile payment service in the country, 9to5mac reports... More
Softcard lays off 60 staff in bid to cut costs
US carrier-owned mobile payments venture Softcard has laid off 60 employees out of an employee base of “hundreds” as part of an effort to “reduce costs and strengthen its business”... More
Apple Pay accounts for 1% of US digital spend in November
Apple Pay accounted for 1% of all US digital spend in November 2014 just a month after its launch, research from ITG has revealed... More
UK banks cautious in Apple Pay talks
Executives fear Apple Pay and the data it delivers to Apple could “serve as a beachhead for an invasion of the banking industry” More
Samsung in talks with LoopPay?
Samsung is in talks with mobile payments startup LoopPay with a view to launching a mobile payments system to rival Apple Pay in the US in 2015, “multiple sources” have told Re/code... More
Apple Pay hits 90% of credit cards by volume
Apple Pay has signed up support from “dozens more banks, retail stores and start-ups”, with new additions including SunTrust, Barclaycard, USAA, TD Bank North America, Commerce Bank and Amway Center — the home of the Orlando Magic basketball team — The New York Times reports... More
Suncorp to offer NFC payments
Australia’s Suncorp Bank is to make NFC payments available to customers on select Android devices in 2015, Computerworld Australia reports... More
US online buyers warm to mobile payments
Two fifths (40%) of US online buyers like the idea of making a mobile payment instead of carrying around a wallet with 76% saying they are dissatisfied with the strength of credit card security among retailers, a survey conducted by Bizrate Insights has found... More
One in ten US iPhone 6 owners have now used Apple Pay
Apple Pay is yet to gain widespread adoption among iPhone 6 owners due to poor awareness of which stores accept the NFC payments technology and a lack of understanding of how the service works, a survey conducted by InfoScout has found. Those who have used it, however, compare it highly favourably to using a traditional plastic card. More